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Clarification on NBP president's issue.

KARACHI, May 27 -- A report has appeared in a section of the press about admission of a writ petition by the Lahore High Court about the appointment of Ali Raza as the President of National Bank of Pakistan.

The report besides being totally one-sided is also not based on the correct factual and legal position. The writ petition is nothing but verbatim copy of a petition filed earlier in the Sindh High Court, Karachi by another person. The duplication of the grievance and multiplication of litigation by some disgruntled elements speak volumes about their mala fide efforts to damage the image of the prime public sector banking institution of the country. Contrary to the press reports, the writ petition does not state anything about increase of remuneration or cash awards allegedly given by the president of the bank to himself. The petitioner of the writ is an ex-employee of the bank and is involved in litigation with the bank. His writ petition for additional perks/benefits was dismissed and his attempt to initiate contempt proceedings against the bank also met the same fate. His human rights case regarding claim for increase in pension was also dismissed by the Supreme Court. Not having succeeded in his designs he has now initiated fresh litigation with ulterior motives.

In the Lahore case, the pendency of similar case in SHC has been willfully suppressed by the petitioner, which can safely be assumed to be within his knowledge as the Lahore case is a replica of the Karachi petition.

Published by HT Syndication with permission from Daily Times. For more information on news feed please contact Sarabjit Jagirdar at

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Publication:Daily Times (Lahore, Pakistan)
Article Type:Correction notice
Geographic Code:9PAKI
Date:May 27, 2010
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